Assumable Mortgage Properties All Locations : Nationwide Real Estate Advice

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Showing results for Assumable Mortgage Properties [Clear search]
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
Non occupying coborrower has more then 4 mortgages, any thing I can do?
You have a lot of choices.

One is looking for owner financing. If you and your dad have good credit, sellers won't care how many other mortgages he has.

A related possibility ... more
0 votes Share Flag Fri Apr 9, 2010 Financing
Mike Stawizky,  in 48382
Mike Stawizky answered:
whats the best way to find assumable morgages
Hello Rick,

I don't think there are a lot of assumed mortgages going on these days with the low rates that we have. why are you looking to assume a mortgage? You still need a go ... more
0 votes Share Flag Sun Mar 28, 2010 Home Buying in Indianapolis
Bob McClure, Real Estate Pro in Walled Lake, MI
Bob McClure answered:
There is a property that I am extremely interested in and I have been watching it for well over a year. However, I have finance options questions.
good morning...i am not an aprraiser but my opinion is that, yes, the barn could be what would trip up an fha suggestion is that since you are obvously financable...the i ... more
0 votes Share Flag Sun Mar 7, 2010 Home Buying in 44250
Elizabeth He…, Real Estate Pro in Agawam, MA
Elizabeth Herbert answered:
Can we trade in our house for a new one? Like you would a car.
If you could find somebody willing to do a "for sale or trade" deal with you it's possible provided that you could satisfy any outstanding mortgage and/or financial oblig ... more
0 votes Share Flag Fri Mar 4, 2011 Home Buying in 77449
Beth Jenkins, Real Estate Pro in North Miami Beach, FL
Beth Jenkins answered:
I need information about this property, what its real situation?
Hi Catalina,
This is not information as a realtora that I will have access to, unless of course the selle is my client and he or she gives me the information. There is really no need ... more
0 votes Share Flag Mon Feb 22, 2010 Home Buying in Miami
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Can a buyer offer more to seller to avoid short sale?
Confer with your buyers agent, it does not matter how much you offer will your lender approve purchase amount.

It depends on property owner current lender, if home is short sale mos ... more
0 votes Share Flag Mon Dec 30, 2013 Home Buying in 08857
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
When I see a listing of property and it says 100,000 and I click on it and find it to be a foreclosure and it state "This property is a Lis?
It's impossible to tell.

I assume you're looking at RealtyTrac? It's impossible to tell.

I can tell you it does NOT mean $100,000 and take over the payments. That w ... more
0 votes Share Flag Fri Apr 16, 2010 Foreclosure in Saint Petersburg
Eric Michael…,  in San Diego, CA
Eric Michael Abrams - California Real Estate Broker answered:
What can we (not just realtors) do to improve the present real estate market?
There's little that can be done but time. Though, the reputation of Realtors has suffered greatly over the last few years, and in many cases that's been for good reason.

... more
0 votes Share Flag Mon Nov 15, 2010 Market Conditions in Pompano Beach
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
where can ifind arealtor in brooklyn ny that handle assumable houses for sale?
Dear Brooklyngirl:

By assumable, do you mean an assumable mortgage? Why is it that you are looking for that or a foreclosure? There are many good deals to be found out there right no ... more
0 votes Share Flag Fri Dec 18, 2009 Home Buying in 11230
Scott A. Nel…,  in 02155
Scott A. Nelson answered:
can someone tell me if these people are for real:
Anything that sounds too good usually is.

From Wikipedia:
The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall A ... more
0 votes Share Flag Wed Nov 25, 2009 Foreclosure in Massachusetts
Theresa Brown, Real Estate Pro in Sarasota, FL
Theresa Brown answered:
HelloWould like some imput on a deal I am working.Family member looking to sell ... an assumable mortgage. Equity, good credit. What? ...
Equity, appraised value, good credit, steady income will all come into play. The bank does not have to agree to someone assuming the mortgage if everything doesn't come together a ... more
0 votes Share Flag Sun May 19, 2013 Home Buying in 12302
George Wolfg…, Real Estate Pro in Cooper City, FL
George Wolfgang answered:
I am retired and my combined income is under $50,000. My house is fully paid and it is worth now less than $200,000. My friends tel lme I will not
It will depend on how big of a mortgage you need. We can use retirement income so there is plenty of hope for you. Fill out the form below so I can pre-qualify you and I will call you t ... more
0 votes Share Flag Tue Mar 3, 2015 Home Buying in 33173
Kari Shea, Real Estate Pro in San Diego, CA
Kari Shea answered:
I would like to do a lease/purchase on a house in Carlsbad that is at least 5bedrooms, 4baths. Is there is?
Hi Gigi,

There are many pitfalls in what you are seeking. The largest is to find a home of that size, in that area with an assumable loan.

If you would like to discuss it, you ca ... more
0 votes Share Flag Tue Jul 21, 2009 Home Buying in Carlsbad
Twinmom, Home Buyer in New York
Twinmom answered:
I would like to find out if we can buy our father-in-laws house on what the balance is left on the
Why wouldn't you just apply for a loan and purchase the property for that amount as you would any other home? It wipes out his balance and you now own the house...
0 votes Share Flag Thu Jul 9, 2009 Home Buying in Charlotte
Leasing To O…,  in Dallas, TX
Leasing To Own Solutions answered:
Want to buy SFH with owner finance, assumable mortgage or lease option in Northern Palm Beach County. ...
Hey there Mr. Consumer.....

My associates and I work specifically on Lease Purchase deals (lease-to-own). It's VERY rare to find sellers on here that will Lease-to-Own their house. ... more
0 votes Share Flag Fri Jun 12, 2009 Home Buying in Palm Beach County
David Fann,  in Wilmington, NC
David Fann answered:
Get mortgage pre-approval first or find a real estate agent first?
Hi Kerry,

Keep that friend around. A top notch REALTOR will have relationships with reputable local lenders and can have 1 - 3 mortgage lenders to give you a call to have a 15 - 20 ... more
0 votes Share Flag Thu Sep 10, 2009 Home Buying in Sacramento
Luke Allison,  in Asheville, NC
Luke Allison answered:
Questions for lenders/brokers from a first time homebuyer: dubious about my current lender?
This would probably be best to do via a phone call, but I will do my best:

1) Basically you have to choose which loan product you want to run with. FHA loans right now have much loo ... more
0 votes Share Flag Wed May 13, 2009 Home Buying in Burnsville
Brian LeBars, Real Estate Pro in Pleasanton, CA
Brian LeBars answered:
We are trying to buy a house in Tracy by December 1st to take advantage of the tax credit.
Hi Casey...

Coming from a Mortgage Brokers perspective it is most important to be pre approved first. This will help an agent narrow down properties to show you.

3.5% is the requi ... more
0 votes Share Flag Sat Jun 25, 2011 Home Buying in Tracy
Chris Head, Real Estate Pro in Norwell, MA
Chris Head answered:
i am trying to find some rent to own propeties in hanover,ma east bridgewater,ma and whitman,ma are there any
Hi Haley,

There are fewer rent to own properties in the current market. With historic low interest rates, an $8k first time buyer credit, and mortgage programs with as little as 3.5% ... more
0 votes Share Flag Tue May 5, 2009 For rent in Whitman
Will,  in Atlanta, GA
Will answered:
is it true that if you have more than one rental property yo dont qualify for fha?
Nope. That's not entirely accurate.

You cannot have more then 4 properties that you have a mortgage on. This would include your primary home. However, you can still purchase another ... more
0 votes Share Flag Thu Oct 22, 2009 Financing in California
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